Category: Industry Activity

No Plan B

Big Oil’s Single, Fixed Strategy is Vulnerable International oil companies have one strategy: they assume stable, growing oil demand and

We’ve covered big oil’s structural problems with big projects in a number of posts this year – see Megafragility for example.

Most Oil Demand Forecasts are far too Optimistic – Leaving Companies Unprepared for Change For most energy companies, the drivers

A closer look at gasoline consumption suggests that central predictions for future global oil demand may still be too high Supply is

A coming change in energy provision, from extraction to manufacturing, that should reduce long-term energy costs Earlier this month Ben

“My name is Ozymandias, king of kings Look on my works, ye Mighty, and despair!’ Nothing beside remains. Round the

History is likely to view the last decade of conventional, mega-scale oil and gas investment as another bad commodity binge

The oil industry’s main narrative remains one of increasing hydrocarbon demand requiring higher levels of investment to supply it. But

Do industrial megaprojects over-run because they are badly managed, or because they are big? It’s mainly because they are big.

In his major tome on Industrial Megaprojects[1] in 2011, Ed Merrow poured decades worth of empirical assessments and statistical analysis